Putin Blames Kiev for Violence

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By James Marson MOSCOW--Russian President Vladimir Putin blamed an escalation in violence in eastern Ukraine on the pro-Western government in Kiev, taking a hard line as U.S. and European leaders said they could tighten sanctions against Moscow unless it reins ...

Citizens Financial Earnings Rise on Loan Strength -- Update

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Julie Steinberg And Angela Chen Citizens Financial Group Inc. reported a 30% increase in fourth-quarter profit as strength in retail and commercial loans pushed up net interest income for the regional lender. The Providence, R.I., firm, which sold shares ...

Dollar Lower Against Yen After Econ Minister's BOJ Remarks

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Hiroyuki Kachi The dollar was lower against the yen in Asian trade Tuesday, with comments by a Japanese government minister about the Bank of Japan's 2% inflation target reducing hopes for extra monetary easing steps by the central bank. ...

Banks Reach Settlement Over Sino-Forest Stock Sale

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Ben Dummett TORONTO--A group of Canadian and other investments banks agreed to pay a total of 32.5 million Canadian dollars ($26.1 million) to settle claims related to their role as underwriters to help Sino-Forest Corp. sell stock, in what ...

Asian Shares Gain on Muted Reaction to Greek Vote

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

Asia stocks were mostly higher Tuesday after European and U.S. markets offered a muted reaction to elections that brought the antiausterity Syriza party to power in Greece and set up a clash between the country and its creditors. The Nikkei ...

China to Keep New Loan Target Unchanged This Year - Caixin

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

BEIJING--China will keep its 2015 new loan growth target at about the same level as last year, Caixin magazine said Tuesday in an online report that didn't mention any sources. The target, though not officially announced, was widely believed to ...

Russia, Kazakhstan Acquire More Gold

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

SYDNEY--The central banks of Russia, Kazakhstan and Belarus topped up their official gold reserves last month, while countries including Tajikistan and Mozambique cashed in some of their holdings as gold prices rose, data from the International Monetary Fund show. Emerging ...

Houlihan Lokey Opens Australian Office

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Ross Kelly U.S. investment bank Houlihan Lokey said Tuesday it has opened an office in Australia, hoping to fill a gap left by rivals that are slimming their operations Down Under as the local economy slows. In its first ...

China Service Trade Deficit at $23.5 Billion in December

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

BEIJING--China reported a service trade deficit of $23.5 billion in December, compared with a deficit of $20.8 billion in November, official data showed on Tuesday. For 2014, the country's service trade deficit stood at $198.0 billion, the State Administration of ...

Syriza Finds Ally in Right-Wing Party -- 2nd Update

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Stelios Bouras And Alkman Granitsas ATHENS-- Alexis Tsipras, sworn into office as Greece's new prime minister a day after his radical leftist Syriza party won a resounding election victory, swiftly forged a coalition government with the aim of shedding ...

Europe Holds Firm on Greek Bailout Terms -- 3rd Update

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Matthew Karnitschnig in Berlin and Gabriele Steinhauser in Brussels Greece and its creditors veered toward confrontation as its new, leftist government pledged to make good on promises to reverse years of public-spending cuts despite warnings from Berlin and other ...

China Aims to Create 10 Million Jobs This Year

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

BEIJING--Premier Li Keqiang has pledged to create at least 10 million jobs this year, keeping the target unchanged from last year, despite China's slowing economic growth. China's economy created 13.22 million new jobs in its urban areas last year, but ...

China Lowers 2015 Industrial-Output Growth to Around 8%

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

BEIJING--China has lowered its target for industrial-output growth to around 8% this year from 9.5% in 2014, an official at the industrial ministry said Tuesday. Meeting the target will still be a challenge for the government given China's slowing economy, ...

Correction to Dollar Lower Against Yen Article

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

"Dollar Lower Against Yen After Econ Minister's BOJ Remarks," at 0539 GMT, misstated the dollar's range in the 8th paragraph. "They aren't showing interest as long as the pair stays between the Y118 level and the upper half of Y117," ...

Yahoo Holders Await Plan for Alibaba Assets

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Douglas MacMillan And David Benoit Marissa Mayer on Tuesday is expected to unveil her plan for Yahoo Inc.'s valuable Asian assets, an announcement that could determine whether the embattled chief executive buys herself more time with shareholders or invites ...

Chinese Movie Star Zhao Wei Buys Stake in Alibaba Pictures

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

Chinese movie star Zhao Wei has bought a stake in Alibaba Group Holding Ltd.'s (BABA) movie-production unit for around 3.09 billion Hong Kong dollars ($399 million). Ms. Zhao and her husband Huang Youlong on Dec. 20 bought 1.93 billion shares ...

Oil Futures Trade in Narrow Range During Asian Hours

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

By Eric Yep Crude-oil futures were mostly stable in Asian trade Tuesday, after posting losses in the previous trading session. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $45.27 a barrel at ...

China Lowers 2015 Industrial-Output Growth to Around 8%

TODAY: Jan. 27, 2015 PUB DATE: Jan. 27, 2015

BEIJING--China has lowered its target for industrial-output growth to around 8% this year from 9.5% in 2014, an official at the industrial ministry said Tuesday. Meeting the target will still be a challenge for the government given China's slowing economy, ...